Quantum Computing Technologies Highlight CMC Microsystems' Plan to Accelerate High Tech Manufacturing in Canada

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www.cmc.ca, Aug. 24, 2021 – 

MONTREAL, QC – August 24, 2021: CMC Microsystems (CMC), has brought together 14 project founders from industry, academia and non-profit technology research organizations to support a five year, $700 M program to accelerate high tech manufacturing in Canada.

Called FABrIC, Fabrication of Integrated Components for the Internet's Edge, the program expects to attract $480 M in industrial R&D. The proposal also details $100M generated as revenues or provided by provinces or matching funding and used during the project. This proposal has been submitted to the Government of Canada's Strategic Innovation Fund, (SIF) administered by Innovation, Science and Economic Development Canada (ISED) for a $120 M investment.

Program funds will complement the R&D programs at over 100 small, medium and large Canadian companies and accelerate their commercialization of products. Some 4,000 new high-tech jobs will result.

FABrIC is key to take quantum computing technology to market

Canada has become a global hub for quantum innovation, and it is crucial that we continue to grow the Canadian quantum ecosystem if we are to be leaders in the emerging marketplace. FABrIC will ensure a prosperous future in the quantum space by supporting prototyping and manufacturing for Canadian quantum firms including Xanadu, 1Qbit, SB Quantum, Photonic, and D-Wave, and others.

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